© The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature 2022
T. TaulliThe Personal Finance Guide for Tech Professionalshttps://doi.org/10.1007/978-1-4842-8242-7_6

6. Crypto

Digital Currencies, NFTs, and DeFi
Tom Taulli1  
(1)
Monrovia, CA, USA
 

Bitcoin’s structure is very ingenious. The paper money disappears, and cryptocurrencies are a much better way to transfer values than a piece of paper, that’s for sure.

—Elon Musk

In May 2021, tech entrepreneur Elon Musk hosted Saturday Night Live. In his monologue, he said: “To anyone I’ve offended I just want to say: I reinvented electric cars and I’m sending people to Mars in a rocket ship … did you also think I was going to be a chill, normal dude?”1

He then did a variety of sketches, ...

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